Drilling for oil and gas
All of the drilling operations that YJ undertakes are off-shore and in shallow water. YJ’s geologists and survey teams are experts at studying and scanning potential areas for oil and gas reserves. YJ’s team undertakes extensive survey work over potential oil and gas fields including 2D and 3D seismic surveys and controlled source electromagnetic mapping to try to establish the size and depth of possible oil and gas reserves, before licence applications and test drilling commences. The team has been extremely successful to date with only one failure (see below). Once a location has been identified and licences obtained, then an off-shore installation is set up. Oil and gas off-shore installations are industrial “towns” at sea, carrying the people and equipment required to access the oil and gas reserves hundreds or even thousands of metres below the seabed. YJ uses outsourced drilling teams and outsourced service personnel for these off-shore installations. YJ hires mobile drilling platforms and FPSOs as the cost of owning drilling platforms is too prohibitive. As such YJ only supervises the technical operations. Its expertise rests with its geology knowledge and its ability to control the outsourcers. The cost of drilling each production shallow-water well can be in excess of US$30 million. Therefore, before oil and gas production can commence, it is necessary to undertake preliminary test drilling to confirm exactly where the oil or gas reserves are and the size of the reserves. After test drilling has been undertaken, the most effective way to extract the oil and gas and bring them to the surface is established. Oil and gas fields are classified according to the reasons for drilling and the type of well that is established. The classifications are: “Test” or “Exploration wells”. Defined as wells which are drilled purely for information gathering purposes in a new area. Their function is to establish whether survey information has accurately identified a potential new oil and gas reserve. Test wells are also used to assess the characteristics of a proven oil or gas reserve, in order to establish how best to bring the oil and gas into production. “Production wells”. Defined as wells which are drilled primarily for the production of oil or gas. These are drilled after the oil or gas reserve has been assessed, the size of the oil or gas reserve has been proved, and the safest and most effective method for getting the oil or gas to the surface has been determined.
石油和天然气开采All of the drilling operations that YJ undertakes are off-shore and in shallow water. YJ’s geologists and survey teams are experts at studying and scanning potential areas for oil and gas reserves. YJ’s team undertakes extensive survey work over potential oil and gas fields including 2D and 3D seismic surveys and controlled source electromagnetic mapping to try to establish the size and depth of possible oil and gas reserves, before licence applications and test drilling commences. The team has been extremely successful to date with only one failure (see below). Once a location has been identified and licences obtained, then an off-shore installation is set up. Oil and gas off-shore installations are industrial “towns” at sea, carrying the people and equipment required to access the oil and gas reserves hundreds or even thousands of metres below the seabed. YJ uses outsourced drilling teams and outsourced service personnel for these off-shore installations. YJ hires mobile drilling platforms and FPSOs as the cost of owning drilling platforms is too prohibitive. As such YJ only supervises the technical operations. Its expertise rests with its geology knowledge and its ability to control the outsourcers. The cost of drilling each production shallow-water well can be in excess of US$30 million. Therefore, before oil and gas production can commence, it is necessary to undertake preliminary test drilling to confirm exactly where the oil or gas reserves are and the size of the reserves. After test drilling has been undertaken, the most effective way to extract the oil and gas and bring them to the surface is established. Oil and gas fields are classified according to the reasons for drilling and the type of well that is established. The classifications are: “Test” or “Exploration wells”. Defined as wells which are drilled purely for information gathering purposes in a new area. Their function is to establish whether survey information has accurately identified a potential new oil and gas reserve. Test wells are also used to assess the characteristics of a proven oil or gas reserve, in order to establish how best to bring the oil and gas into production. “Production wells”. Defined as wells which are drilled primarily for the production of oil or gas. These are drilled after the oil or gas reserve has been assessed, the size of the oil or gas reserve has been proved, and the safest and most effective method for getting the oil or gas to the surface has been determined.
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